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Global Specimen Validity Testing Market 2020-2024Speak directly to the analyst to clarify any post sales queries you may have.
The publisher has been monitoring the specimen validity testing market and it is poised to grow by $ 393.04 mn during 2020-2024 progressing at a CAGR of 6% during the forecast period. The reports on the specimen validity testing market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven growing consumption of alcohol and illicit drugs, rising number of product approvals, and increasing adoption of workplace drug testing practices. In addition, growing consumption of alcohol and illicit drugs is anticipated to boost the growth of the market as well.
The specimen validity testing market analysis include types and geographic landscapes.
The specimen validity testing market is segmented as below:
By Type
- Products
- Services
By Geographic Landscape
- North America
- Europe
- Asia
- ROW
This study identifies growing adoption of inorganic growth strategies by vendors as one of the prime reasons driving the specimen validity testing market growth during the next few years. Growing adoption of inorganic growth strategies by vendors, identification of new markers for detecting adulteration, and advent of rapid POC testing procedures will lead to sizable demand in the market,
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.
The specimen validity testing market covers the following areas:
- Specimen Validity Testing Market sizing
- Specimen Validity Testing Market forecast
- Specimen Validity Testing Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading specimen validity testing market vendors that include Abbott Laboratories, Alfa Scientific Designs Inc., American Bio Medica Corp., Laboratory Corporation of America Holdings, Premier Biotech Inc., Quest Diagnostics Inc., Rochester Regional Health, Sciteck Inc., Thermo Fisher Scientific Inc., and W.H.P.M. Inc.. Also, the specimen validity testing market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.
Table of Contents
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Type
Customer landscape
Geographic Landscape
Drivers, Challenges, and Trends
Vendor Landscape
Vendor Analysis
Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the specimen validity testing market: Abbott Laboratories, Alfa Scientific Designs Inc., American Bio Medica Corp., Laboratory Corporation of America Holdings, Premier Biotech Inc., Quest Diagnostics Inc., Rochester Regional Health, Sciteck Inc., Thermo Fisher Scientific Inc., and W.H.P.M. Inc..Commenting on the report, an analyst from the research team said:"The latest trend gaining momentum in the market is the growing adoption of inorganic growth strategies by vendors."
According to the report, one of the major drivers for this market is the growing consumption of alcohol and illicit drugs.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Abbott Laboratories
- Alfa Scientific Designs Inc.
- American Bio Medica Corp.
- Laboratory Corporation of America Holdings
- Premier Biotech Inc.
- Quest Diagnostics Inc.
- Rochester Regional Health
- Sciteck Inc.
- Thermo Fisher Scientific Inc.
- W.H.P.M. Inc.